Telecom operators have to pay GST on spectrum along with payment: CBIC

Telecom operators will have to pay goods and services tax (GST) on spectrum, based on their payment schedule, the Central Board of Indirect Taxes and Customs (CBIC) has said. In cases where the full upfront payment is made by the telecom operator, GST would be payable when the payment of the said upfront amount is made or is due, whichever is earlier, the CBIC has said. In other cases, where defer…